HORSE & RIDER AS

3944 PORSGRUNN

Finances

Return on Equity

50,96 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	192 000	25 000	0
Net Income	−53 000	479 000	−254 000	−222 000
Total Assets	95 000	144 000	1 104 000	1 254 000
Total Equity	−104 000	−50 000	−529 000	−275 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	192 000	25 000	0
Expenditure	21 000	70 000	208 000	168 000
Operating Profit	−21 000	121 000	−183 000	−167 000
Financial Income	0	409 000	0	0
Financial Costs	32 000	52 000	71 000	55 000
Financial Balance	−32 000	357 000	−71 000	−55 000
Earnings Before Tax	−53 000	479 000	−254 000	−222 000
Tax	0	0	0	0
Net Income	−53 000	479 000	−254 000	−222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	134 000	1 104 000	1 254 000
Total Current Assets	1 000	9 000	0	0
Total Assets	95 000	144 000	1 104 000	1 254 000
Total Retained Equity	−134 000	−80 000	−559 000	−305 000
Total Equity	−104 000	−50 000	−529 000	−275 000
Total Long-Term Debt	0	0	1 040 000	1 074 000
Total Current Debt	199 000	194 000	593 000	455 000
Total Equity and Debt	95 000	144 000	1 104 000	1 254 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	95 000	25 000	0
Other Income	0	96 000	0	0
Revenue	0	192 000	25 000	0
Cost of Goods Sold	0	7 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	151 000	151 000
Impairment	0	0	0	0
Expenditure	21 000	70 000	208 000	168 000
Operating Profit	−21 000	121 000	−183 000	−167 000
Financial Income	0	409 000	0	0
Financial Costs	32 000	52 000	71 000	55 000
Financial Balance	−32 000	357 000	−71 000	−55 000
Dividends	0	0	0	0
Net Income	−53 000	479 000	−254 000	−222 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 104 000	1 254 000
Total Tangible Assets	0	0	1 104 000	1 254 000
Total Fiancial Fixed Assets	94 000	134 000	0	0
Total Fixed Assets	94 000	134 000	1 104 000	1 254 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	8 000	0	0
Total Current Assets	1 000	9 000	0	0
Total Assets	95 000	144 000	1 104 000	1 254 000
Total Equity	−104 000	−50 000	−529 000	−275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 040 000	1 074 000
Creditors	17 000	9 000	53 000	15 000
Unpaid Taxes	0	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	182 000	185 000	540 000	437 000
Total Current Debt	199 000	194 000	593 000	455 000
Total Equity and Debt	95 000	144 000	1 104 000	1 254 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,96 %	−958 %	48,02 %	80,73 %
Debt-to-Equity Ratio	−0	−0	−1,97	−3,91
Operating Profit Margin	-	63,02 %	−732 %	-
Current Ratio	0,01	0,05	0	0
Quick Ratio	0,01	0,05	0	0
Equity Ratio	−1,09	−0,35	−0,48	−0,22
Gross Profit Margin	-	96,35 %	100 %	-